YTC applies to bonds with a call option—meaning the issuer can redeem them before maturity.It estimates the return if the bond is called (repaid early) rather than held to maturity.…
Accrued interest is the interest earned on a bond or debenture between coupon payment dates. When a bond is sold before its interest date, the buyer pays the seller the…
Negative yields are extremely rare in India but may occur in: Real returns (when inflation > yield) Special RBI liquidity tools (like reverse repo with penalty)
